Amid rising interest rates, home prices have continued to surge, with the nation's major markets setting new peaks, and mortgage origination being dominated by purchase loans.
The ICE Home Price Index, as released by Black Knight, part of Intercontinental Exchange Inc., found that August marked the fourth consecutive month where home prices reached record highs. This comes after a period of relatively stagnant growth in the housing market earlier ...
Allegations of fraudulent reporting in the "Down Payment Grant Program" meet their end as the US District Court dismisses the case, with the government choosing not to intervene.
A whistleblower lawsuit alleging that Bank of America Corp. submitted false records for its "Down Payment Grant Program" to receive funding from the government was dismissed last week. Judge Thomas D. Schroeder of the U.S. District Court for the Middle District of Nor...
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